I tried to change precision like this:
ALTER Table account_invoice ALTER amount_total SET NUMERIC(5);
But I get syntax error, so I'm clearly doing something wrong. What is the right syntax to change precision of numeric in PostgreSQL?
Try this:
ALTER Table account_invoice ALTER COLUMN amount_total TYPE DECIMAL(10,5);
DECIMAL(X, Y)
-> X represents full length and Y represents precision of the number.